Top Crypto Gainers Today Nov 17 - Mantle, SushiSwap, Pendle, yearn.finance

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In the crypto market’s flurry on November 17th, Mantle, Sushi, Pendle, and yearn.finance soared, exhibiting substantial value increases. These tokens’ remarkable performances underscore the unpredictable nature of digital assets and the swift changes within this investment sphere.

Witness the standout crypto leaps on November 17th featuring Mantle, Sushi, Pendle, and yearn.finance. Unpack their impressive upswings, highlighting the ever-fluid landscape of cryptocurrency investments.

The cryptocurrency market exhibited diverse movements over the last 24 hours, with 11% of cryptocurrencies showing positive trends. Axelar and Mantle led the gains, rising by 20.73% and 7.21%, respectively. At the same time, FTX Token experienced the most significant decline, marking a 15.24% loss in the same period.

Biggest Crypto Gainers Today – Top List

Looking at longer-term trends, Rollbit Coin emerged as the standout performer over the past year, boasting an impressive 9,853.00% gain. Specifically, in 2022, Rollbit Coin continued its remarkable run, soaring by 8,864.00% since the year began.

1. Mantle (MNT)

MNT has experienced a notable intraday rally, placing it among the top crypto gainers. Mantle holds a market valuation of $1.57 billion, with its trading price at $0.506273. It also holds a trading volume of $143.41 million in the last 24 hours, indicating trading activities. Over this period, it has shown a 7.21% increase in value, indicating a positive trend.

The sentiment surrounding Mantle’s price prediction is bullish, matching the Fear & Greed Index’s reading of 63 (Greed). Notably, the project has shown positive performance over the last 30 days, with 20 marked as ‘green’ days, accounting for 67% of the observed period.

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— Mantle (@0xMantle) November 16, 2023

Regarding supply metrics, Mantle has a circulating supply of 3.11 billion MNT out of a maximum supply of 6.22 billion MNT. This hints at the project’s potential for growth and scalability.

2. yearn.finance (YFI)

Yearn.finance (YFI) has shown a remarkable performance in the cryptocurrency market over the past year. Its price surged by 130%, surpassing 85% of the top 100 crypto assets, including Bitcoin and Ethereum.

Furthermore, technical indicators indicate a bullish trend as YFI trades above its 200-day moving average. The recent trend with 21 green days out of the last 30 (70%) suggests positive momentum. However, YFI is currently near its cycle high, possibly signaling a period of consolidation or correction ahead.

Moreover, the coin boasts high liquidity, with a strong market cap and active trading on platforms like Binance. Its negative yearly inflation rate (-9.30%) implies a reduction in supply, with many YFI tokens taken out of circulation.

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— yearn (@yearnfi) November 16, 2023

With a circulating supply of 33,232 out of a maximum of 36,666 tokens, YFI holds positions at #14 in the DeFi Coins sector. Likewise, it is placed #4 in Yield Farming and #2 among the top crypto gainers today.

3. SushiSwap (SUSHI)

Sushi, valued at $1.126818, demonstrates robust performance and key metrics in the cryptocurrency market. With a 24-hour trading volume of $649.65M and a market cap of $261.26M, it exhibits considerable liquidity driven by its market capitalization.

A significant indicator of Sushi’s positive trajectory is its position above the 200-day simple moving average. This indicates a bullish trend in its pricing dynamics, placing it among the top crypto gainers today. Moreover, it has shown positive momentum in 21 of the last 30 trading days. This momentum suggests a 70% upward trend in recent performance.

We invite the community to participate in the discussion:

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— Sushi.com (@SushiSwap) November 16, 2023

With a market dominance of 0.02%, Sushi holds a modest position within the broader crypto landscape. Moreover, the current sentiment is reflected in the Fear & Greed Index at 63 (Greed). Hence, this indicates positive market sentiment surrounding Sushi’s performance.

Furthermore, Sushi is the 23rd-ranked token in the DeFi Coins sector and 8th in the Yield Farming sector. It also holds 50th place in the Ethereum (ERC20) Tokens sector, showcasing its diverse positioning across various crypto categories.

4. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix introduces a distinctive model where users stake BTCMTX tokens to gain cloud mining credits. Therefore, it aims to decentralize control and ensure transparency for token holders in the mining process.

The Bitcoin Minetrix staking pool has attracted considerable interest, with over 400,000 BTCMTX tokens currently staked. Notably, the project claims an annual percentage yield (APY) of 103,225%, catching attention within the crypto sphere.

Despite being in its early developmental phase, Bitcoin Minetrix has grown notably, catapulting it into the top crypto gainers today. This rise is underscored by the successful BTCMTX presale, which has raised over $4,094,961 by selling tokens at $0.011 each.

Big news! 📢#BitcoinMinetrix proudly announces a colossal accomplishment, more than $4,000,000 raised! 🪙 pic.twitter.com/neW7VEgkjJ

— Bitcoinminetrix (@bitcoinminetrix) November 16, 2023

In the presale phase, 70% (2.8 billion BTCMTX) of the total token supply of 4 billion is available for purchase using ETH or USDT. However, this is in line with a specified minimum investment requirement.

5. Hedera (HBAR)

Will HBAR continue its rally after entering the top crypto gainers today? Hedera is currently priced at $ 0.065231, with a 24-hour trading volume of $ 179.30M. It also has a market cap of $ 967.56M, holding a 0.07% dominance.

Over the past year, its price has surged by 31%, outperforming 59% of the top 100 crypto assets. It consistently maintains its position above the 200-day simple moving average.

In the last 30 days, Hedera Hashgraph has experienced 18 green days, reflecting a positive trend in trading of 60%. Its substantial liquidity is evident, with active trading on Binance, a major exchange platform.

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— Hedera (@hedera) November 17, 2023

Furthermore, the sentiment surrounding Hedera Hashgraph’s price prediction is bullish. This is coupled with a Fear & Greed Index indicating a sentiment of 63 (Greed).

Supply-wise, 14.83B HBAR is in circulation out of a maximum supply of 50.00B HBAR. Positioned as the 12th in the Proof-of-Stake Coins sector and 32nd in the Layer 1 sector based on market cap, Hedera Hashgraph holds a noteworthy standing in the crypto landscape.

6. Pendle (PENDLE)

Pendle has shown notable growth over the past year, increasing by 2,710% in price. This surge has surpassed 99% of the top 100 crypto assets, including major players like Bitcoin and Ethereum.

Moreover, PENDLE has consistently maintained trading levels above its 200-day simple moving average. It has also experienced positive trading days on 17 occasions in the last month, accounting for 57% of the period.

Currently valued at $1.122383, Pendle boasts a market cap of $264.53 million and a 24-hour trading volume of $144.66 million. Despite its relatively modest market dominance of 0.02%, its liquidity remains notably high based on its market capitalization.

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— Pendle (@pendle_fi) November 16, 2023

Furthermore, market sentiment leans bullish for Pendle, while the Fear & Greed Index registers at 63. Thus indicating a state of greed within the market and placing it among the top crypto gainers today.

7. Storj (STORJ)

The Storj cryptocurrency has experienced notable developments in the past year, showing significant changes across multiple aspects. Over the last year, Storj witnessed a remarkable surge in price, marking a substantial 150% increase.

This surge notably outpaced 87% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. Trading above its 200-day simple moving average further reflects its positive trajectory in the market.

Regarding recent performance, Storj demonstrated a bullish trend, with 18 green days out of the last 30. Thus accounting for a 60% positive performance rate. Its liquidity, based on market cap, remains high. Similarly, it’s actively traded on the Binance platform, further contributing to its accessibility.

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— Storj (@storj) November 16, 2023

Storj has demonstrated resilience and growth, valued at $0.768867. It also possesses a market cap of $293.16 million and a 24-hour trading volume of $216.88 million. Moreover, the sentiment surrounding the Storj price prediction leans toward bullish. This coincides with a Fear & Greed Index showing 63 (Greed), indicating positive market sentiment.